Articles by admin

The bank’s Stephen Tusa, among the bearish group of analysts on GE who have predicted its fall from grace over the last three years, said he was withdrawing his price guidance on the company completely due to doubts over how much it was now worth. GE shares fell about 1% to $6.54 in premarket trade, adding to a steep decline that has seen the company lose more than 40% of its market value this year. Tusa said the company’s inability to forecast positive cashflow for the second half of 2020 suggested management is unclear about its financial outlook …read more […]

…read more […]

VANCOUVER, British Columbia, Aug. 31, 2020 /CNW/ — GreenPower Motor Company Inc. …read more […]

Aug.31 — Natixis Chief Asia Pacific Economist Alicia Garcia Herrero discusses China’s August PMI and what’s next for Abenomics after Japan’s PM Shinzo Abe resigned. She spoke to Bloomberg’s Yvonne Man and David Ingles on “Bloomberg Markets: China Open”. …read more […]

(Bloomberg) — Indian stocks slipped, halting a six-day rally, after the government said troops clashed with Chinese soldiers along the disputed Himalayan border. Still, the main equity gauge capped a third straight monthly gain.Volatility surged as the S&P BSE Sensex slid 2.1%, the most since May 18, to close at 38,628.29 after having advanced 1.4% earlier in the day. The NSE Nifty 50 Index ended 2.2% lower. Sentiment was also impacted due to a decision by India’s market regulator to not extend the Sept. 1 deadline for implementing new rules on margin pledge. Brokers who don’t comply with them from …read more […]

A plane departed from Tel Aviv to Abu Dhabi carrying top Israeli and U.S. officials. It marks a historic moment between the two nations as the U.A.E. is the first Gulf Arab state to announce a formal bond with Israel. Photo: Jack Guez/AFP …read more […]

President Trump and Portland Mayor Ted Wheeler were at loggerheads about the violence in Oregon’s largest city, after a man was killed following clashes between Trump supporters and protesters. Photo: Mathieu Lewis-Rolland/Reuters …read more […]

As many schools around the country start the year virtually, residents in rural communities like those in West Virginia are asking why they don’t have reliable Internet service. The recent bankruptcy of Frontier Communications provides insight into how U.S. broadband policies have fallen short for many Americans. Photo Illustration: Carlos Waters/ Video: Jake Nicol/​WSJ …read more […]

…read more […]

(Bloomberg) — Oil rose above $43 a barrel in New York to its highest closing level since early March amid a broader rally in equities and as China’s economic recovery continued.West Texas Intermediate futures snapped a two-day drop, rising 1.4% as of 2:34 p.m. in Dubai, while Brent crude for November settlement climbed around the same amount to $46.47.Data showed that China rebounded further in August as the world’s second-largest economy emerges from its coronavirus-induced slump. That helped push up global stocks for a second day, while U.S. Treasuries fell as investors moved out of havens.Goldman Sachs Group Inc. in …read more […]

There wouldn’t be many who think Oracle Corporation’s (NYSE:ORCL) price-to-earnings (or “P/E”) ratio of 18.3x is worth… …read more […]

…read more […]

Top news and what to watch in the markets on Monday, August 31, 2020. …read more […]

Aug.31 — Nigel Verdon, chief executive officer at Railsbank Technology, discusses the assets the company is purchasing from Wirecard U.K. and the advantage of the technology they’ve acquired. He speaks on “Bloomberg Markets: European Open.” …read more […]

Aug.31 — Hybrid and electric car registrations soared in Europe last month. They grabbed a record share of the autos market overall and have lifted sales to the highest in 10 months. Plug-in hybrid sales have more than quadrupled while battery electric vehicles more than doubled according to auto market researcher Jato Dynamics. Bloomberg’s Tara Patel reports on “Bloomberg Markets: European Open.” …read more […]